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BASF gives agriculture, battery units more autonomy but no plan to split, ET Auto

The company, with sales of 87 billion euros (USD 94 billion) last year, will create legally separate entities for the three units, trade union IGBCE said in a statement on Thursday, which was confirmed by a company spokesperson. Over the last two years, BASF has also made its catalytic converter business, which relies on combustion-engine powered cars, a standalone subsidiary ready for "strategic options". ....

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Basf Se (OTCMKTS:BASFY) Receives Consensus Rating of "Reduce" from Brokerages

Basf Se (OTCMKTS:BASFY – Get Free Report) has received a consensus recommendation of “Reduce” from the six brokerages that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. A number of brokerages recently issued reports […] ....

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Basf (OTCMKTS:BASFY) Downgraded to "Underperform" at Jefferies Financial Group

Jefferies Financial Group downgraded shares of Basf (OTCMKTS:BASFY – Free Report) from a hold rating to an underperform rating in a research note published on Thursday morning, Briefing.com reports. Several other equities research analysts also recently weighed in on BASFY. Sanford C. Bernstein downgraded shares of Basf from an outperform rating to a market perform […] ....

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